Corus Entertainment is moving to buy SexTV and Drive-In Classics from CTVglobemedia — putting up $40 million for the cable channels in a deal revealed late Tuesday.
‘These services are currently available in over two million households and provide a great base to grow their audiences and increase their appeal to our advertising customers,’ said Corus boss John Cassaday, in a statement.
The deal is subject to CRTC approval.
CTVgm acquired both digichannels during its takeover of CHUM. SexTV takes its name from a former CHUM show, and runs programming on human sexuality, while Drive-In Classics plays old movies. Both launched in 2001.